Site icon 50BOLD

What You Need to Know About Timeshares

It’s estimated that at any given time, there are over 1 million timeshare owners looking to end their timeshare ownership.  According to the American Resort Development Association, currently, 20 percent of African Americans own timeshares.  Unfortunately, exiting a timeshare is more complex than many people realize.

“Timeshare owners are never more vulnerable than when they’ve made the decision to end their ownership. The resale market is flooded, resorts have stacked the deck and con artists are waiting to take advantage of your situation,” says Gordon Newton, president of Newton Group Transfers and author of “The Consumer’s Guide to Timeshare Exit.”

There are several personal or financial reasons you may want or need to exit your timeshare, and there are several ways to do so, be it via a sale, transfer or cancellation. No matter how you part ways with your timeshare, Newton says it’s important to protect yourself by having a better handle on the industry. He offers the following insights to anyone who owns a timeshare:







For more tips and insights, visit to download a free copy of “The Consumer’s Guide to Timeshare Exit,” a recently updated guide created to help consumers avoid scams when ending their timeshare ownership. Or call 888-344-9776.

If your timeshare has become more of a liability than a joy, you’re not alone. But don’t get burned. Take steps to part ways with your timeshare efficiently, safely and with care.

Exit mobile version